Which one of the following indices is now used by the Reserve Bank of India to measure the rate of inflation in India?

A NASDAQ Index
B BSE Index
C Consumer Price Index
D Wholesale Price Index

Correct Answer: Consumer Price Index

The  Wholesale  Price  Index  (WPI) was  main  index  for  measurement of  inflation  in  India  till  April  2014 when  RBI  adopted  new  Consumer Price   Index   (CPI)   as   the   key measure of inflation.

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#Indian Economy #Bank Exams

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